Matthew Kearney - Oct 7, 2021 Form 4 Insider Report for Mount Rainier Acquisition Corp. (RNER)

Role: Chief Executive Officer, Director
Signature: By: /s/ Matthew Kearney
Stock symbol: RNER
Transactions as of: Oct 7, 2021
Transactions value $: $0
Form type: 4
Date filed: 10/8/2021, 09:14 PM
Previous filing: Oct 4, 2021

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	RNER	Common Stock	Purchase		+10K	+2.97%		347K	Oct 7, 2021	Direct	F1

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Underlying Class	Amount	Exercise Price	Ownership	Footnotes
transaction	RNER	Warrants to purchase Common Stock	Purchase		+10K			10K	Oct 7, 2021	Common Stock	7.5K	$11.50	Direct	F1, F2, F3

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	The securities reported herein are held as units ("Units"), with each Unit consisting of one share of common stock, par value $0.0001 ("Common Stock"), of Mount Rainier Acquisition Corp. (the "Company") and one warrant. Each warrant entitles the holder thereof to purchase three-fourths (3/4) of a share of Common Stock at a price of $11.50 per whole share, subject to adjustment. The Units were purchased for a total price of $100,000, or $10.00 per Unit.
F2	Each warrant becomes exercisable on the later of one year after the closing of the Company's initial public offering or 30 days after the completion of an initial business combination.
F3	The warrants expire five years after the completion of an initial business combination, or earlier upon redemption, as described in the Company's prospectus filed with the SEC.